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Jul 18, 2013
07/13
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the environment has been devastating. and its stock has also suffered. but, has the company moved past the spill on the path to a brighter future? on the day oil hits an 18-month high, cramer's got the exclusive with its ceo. >>> plus, air superiority? s.a.p. is fighting for a position in the business of crowd competing. but today's weaker than expected report ground r grounded its shares. is this just temporary turbulence or is the stock about to lose some altitude? don't miss cramer's exclusive, all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question, tweet cramer, #madtweet. send jim an e-mail to madmoney @cnbc.com, or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. madm. 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give yo
the environment has been devastating. and its stock has also suffered. but, has the company moved past the spill on the path to a brighter future? on the day oil hits an 18-month high, cramer's got the exclusive with its ceo. >>> plus, air superiority? s.a.p. is fighting for a position in the business of crowd competing. but today's weaker than expected report ground r grounded its shares. is this just temporary turbulence or is the stock about to lose some altitude? don't miss...
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Jan 23, 2013
01/13
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, subsidized because of the low rate environment. you're right, it hurts us more than helps us. we've told the world is squeezes our net income by 500 million a year. there will be a reverse side to that. rates will go up one day and we'll get that back, so we're investing in the business as if it were a normal environment. we know right now our margins are lower. if you're running a pizza shot and the cost of mozzarella was higher you wouldn't stop selling pizzas because your mar jibs are lower. we try to think it through. >> in the last couple of decades your industry has been facing a whole wave of positives. deregulation, globalization. haven't things changed going forward? you're facing much higher regulation, a lot of economies look inward. it seems like a structural change has -- >> a lot of those, quote positives, didn't be positive. a lot of companies went bankrupt, some didn't survive. a lot more regulation, that's life. always been regulated. i fight for good regulation, not just more or less, and it will change. some busi
, subsidized because of the low rate environment. you're right, it hurts us more than helps us. we've told the world is squeezes our net income by 500 million a year. there will be a reverse side to that. rates will go up one day and we'll get that back, so we're investing in the business as if it were a normal environment. we know right now our margins are lower. if you're running a pizza shot and the cost of mozzarella was higher you wouldn't stop selling pizzas because your mar jibs are...
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Jan 17, 2013
01/13
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even in this low environment how do you do it? what's the plan? >> you do more deposits, more loans. in fact, last year our net interest income, the difference between what we get on the loans versus what we pay on deposits, an endless margin, dropped 18 basis point but we actually grew net interest income so you do more, and we've dealt with this low rate environment before. do i think rates are too low? yes. a lot of monetary stimulus, but we're able to operate in that environment, and it's been a real bargain for borrowers. on the other hand, savers have paid a real price. >> how do you offset that knowing that it's become tougher to make money in banking? >> well, this year we grew revenues by 6% quarter over quarter from a year ago and 6% you took the whole year. almost all of it on the non-interest income side. half of our revenues come from fee for services, mortgage brokerages, other things so we don't only live on the margin, if you will, so think of a company that can produce those kind of revenue numbers with no help from the margin or
even in this low environment how do you do it? what's the plan? >> you do more deposits, more loans. in fact, last year our net interest income, the difference between what we get on the loans versus what we pay on deposits, an endless margin, dropped 18 basis point but we actually grew net interest income so you do more, and we've dealt with this low rate environment before. do i think rates are too low? yes. a lot of monetary stimulus, but we're able to operate in that environment, and...
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Feb 12, 2013
02/13
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environment is depressing. the uk economy is arguably more inflation prone, certainly, than core european economies. and irrespective of this downward pressure on growth. i think it's astonishing that we haven't seen weaker inflation outturns in the uk over the last two years. so there's a sense that i guess the inflation environment is more vulnerable in the uk than the uk or core europe. and these worries persist. and, you know, any change to the focus and central bank strategy with regard to focusing on the inflation target i think just helps to exacerbate these concerns. >> all right. don, stick around. we'll come back to you in a short while. don smith from icap is still to come back to you, as well. >>> european stocks are pretty flat on the session. the ibex slightly higher than it was. >> take a look at what's happened with the reaction. 2.1%, i should say, following from that weaker than expected inflation data. bunds roughly unchanged. pressure coming off in italy with those yields moving ever so slig
environment is depressing. the uk economy is arguably more inflation prone, certainly, than core european economies. and irrespective of this downward pressure on growth. i think it's astonishing that we haven't seen weaker inflation outturns in the uk over the last two years. so there's a sense that i guess the inflation environment is more vulnerable in the uk than the uk or core europe. and these worries persist. and, you know, any change to the focus and central bank strategy with regard to...
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Mar 31, 2013
03/13
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it will impact our environment, our wildlife. first, can it be done and can it be done safely and, second, how important is the it to chevron? >> the reality is, maria, we've been doing fracking for decades in this country. it is really not new technology. it's being deployed in a new manner, but we've fracked over 1 million wells in this country. so it's not new technology. natural gas that comes from shale, that's derived from hydraulic fracturing makes up to 30% of our natural gas. it isn't an issue. there are environmental practices that need to it be followed. whether it's the casing designs put in place. making sure we minimize the footprint around some of our facilities, and the industry is taking actions to address those concerns. but fundamentally, it's safe, it's been in use for a long time and it's a windfall for this country. >> i guess the white house recently came out with an environmental report as it relates to the keystone pipeline. they said in fact, it is not going to impact the environment negatively. what was
it will impact our environment, our wildlife. first, can it be done and can it be done safely and, second, how important is the it to chevron? >> the reality is, maria, we've been doing fracking for decades in this country. it is really not new technology. it's being deployed in a new manner, but we've fracked over 1 million wells in this country. so it's not new technology. natural gas that comes from shale, that's derived from hydraulic fracturing makes up to 30% of our natural gas. it...
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Jul 19, 2013
07/13
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this is a textbook case of how positive a mixed data environment is for stocks. just like some investors are buying 3m to play gravitation from mixed data to positive data, some are buying j and j. it's the perfect hedge for 3m. that's what happens in a bull market. you want totally nutty? how about the fact that the transport hit an all-time high. the transports. despite the fact that oil is making a new high. $108. commerce is slow. this is an indicator, people think mixed data leads to better data. rails really spicing the index up, courtesy of good numbers from two stocks we have been remorsefully behind. reasons, stronger autos, better chemicals, even better than expected coal shipments because of the increase in natural gas makes coal more competitive. i know many of you are skeptical of this space. i have to tell you that yesterday's alpha conference, confab -- i'm not getting real. no enthusiasm. nothing just on the fundamentals. nothing just fundamental. plenty of stocks now being left behind, particularly some in the tech sector, like google tonight, wh
this is a textbook case of how positive a mixed data environment is for stocks. just like some investors are buying 3m to play gravitation from mixed data to positive data, some are buying j and j. it's the perfect hedge for 3m. that's what happens in a bull market. you want totally nutty? how about the fact that the transport hit an all-time high. the transports. despite the fact that oil is making a new high. $108. commerce is slow. this is an indicator, people think mixed data leads to...
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May 10, 2013
05/13
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>> it's actually a very competitive environment. wendy's came out with their sales guidance as well. all of these names are in a hyper competitive environment. i don't like the space. >> each time they hit these stocks on earnings, they come back immediately because their yielding 3% plus and they are buying back, shrinking the float and people say, all right, it with us a bad quarter, whatever it's mcdonald's. >>> coming up next the biggest movers of the week but first, carl icahn steps up his fight for dell. >>> and we've got the goods on the west retail trades ahead of next week's earnings. the names that could deliver the biggest upside. that's straight ahead. [ male announcer ] there are people who find their own path. and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better way. it's how we've grown into america's largest domestic airline. we are southwest. wel
>> it's actually a very competitive environment. wendy's came out with their sales guidance as well. all of these names are in a hyper competitive environment. i don't like the space. >> each time they hit these stocks on earnings, they come back immediately because their yielding 3% plus and they are buying back, shrinking the float and people say, all right, it with us a bad quarter, whatever it's mcdonald's. >>> coming up next the biggest movers of the week but first,...
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Mar 26, 2013
03/13
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it was a much different environment. the move you're talking about from march of '93 to march of '94, the underlying fundamentals of the u.s. are economy are completely different. the fight was completely different a well. >> it's fair to say we're in a different environment in terms of the fed. absolutely. interest rates alone tell you that story. folks i know expect to see a big correction in credit. it will have different characterist characteristics. one guy told me he expects to see widening credit spreads which you wouldn't normally in this case. where i mentioned the bank balance sheet and the lack of gses, at least size of gses we once had, he worries about the effect where it's not easy to lay off risk. >> it's difficult to have a 1 1994, buying everything they can get their hands on. these guys talking about this implosion in the bond market, are they long or short the stock market? to me, it's the same trade. >> that's a great question. i was talking to one guy about this last week. he said, look, i wouldn't s
it was a much different environment. the move you're talking about from march of '93 to march of '94, the underlying fundamentals of the u.s. are economy are completely different. the fight was completely different a well. >> it's fair to say we're in a different environment in terms of the fed. absolutely. interest rates alone tell you that story. folks i know expect to see a big correction in credit. it will have different characterist characteristics. one guy told me he expects to see...
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Jan 19, 2013
01/13
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as we reinvest, the overall low rate of environment is not unusual. we do have offsets in our loan portfolio as our national strategic non-portfolio runs down or winds off. we have an opportunity to invest in higher yield customer oriented relationships, and so we think we've got some stabilizing forces. it's hard to tell exactly how the market reacted in one given day to our net interest margin. but we feel like we've had pretty good management of it and i'm optimistic we'll maintain some stability in a tough environment in 2013. >> your fee income did come in lower than expected, though, both capital markets and mortgage banking. is that just a one-time only? are we going to see a better series of numbers in 2013? >> well, yeah, capital markets is probably the big driver of any up or down movement in our fee income. the fourth quarter was an unusual quarter in a couple of ways. one, you had the impact of hurricane sandy where the markets were closed for a couple of days. we saw average daily revenue in the business drop from about 1.2 to about $1.1
as we reinvest, the overall low rate of environment is not unusual. we do have offsets in our loan portfolio as our national strategic non-portfolio runs down or winds off. we have an opportunity to invest in higher yield customer oriented relationships, and so we think we've got some stabilizing forces. it's hard to tell exactly how the market reacted in one given day to our net interest margin. but we feel like we've had pretty good management of it and i'm optimistic we'll maintain some...
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Feb 27, 2013
02/13
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the general environment or company specifics? >> what we're seeing right now is the general environment is winning out more than company specifics. investors overall are cautious toward the group. they're investing in brands. brands that overall have come under pressure where they are looking. so it's been like df corps who reported last week and overall the guidance was okay, but certainly it gave people more confidence that there was some color out there. i think macy's is another one where guidance was a little better than expected. and overall, i think that's going to be one of the stocks for 2013. >> yeah. are there any tailwinds for these guys? >> i think overall the tailwinds that we're seeing is the housing recovery. the housing recovery and product costs that are in check this year that basically were a little bit out of control last year is helping margins. and housing recovery is helping demand. >> all right. dana, good to see you. thanks for joining us as ever. dana telsey, ceo and chief research officer at the telsey
the general environment or company specifics? >> what we're seeing right now is the general environment is winning out more than company specifics. investors overall are cautious toward the group. they're investing in brands. brands that overall have come under pressure where they are looking. so it's been like df corps who reported last week and overall the guidance was okay, but certainly it gave people more confidence that there was some color out there. i think macy's is another one...
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Sep 6, 2013
09/13
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in that environment, we found the biggest beneficiaries of a rising rate environment, especially in the early stages, are tech, industrial, energy. it's no accident those are our favorite sectors. we think they're perfectly positioned for a rising rate environment. they also have a ton of cash. so they can -- you know, they can offset the risk that a lot of investors feel about buying equities with a little bit, like i said, you have a little bit in your pocket. you have this guarantee, and then you also have the growth side. >> what's your take on the rest of the year in terms of the -- >> we're bullish on equities. i think this -- i don't think we'll see a much better entry point for equities. i mean, granted, the market doesn't move up in a straight line. i would be a buyer at this point. i think a lot of the risks that everybody is talking about were in the market. >> yeah. >> you know, in an environment where everyone is focused on the negative, that's probably when you want to buy equities. it's when nobody's talking about the bad stuff that you don't want to buy equities. >> if y
in that environment, we found the biggest beneficiaries of a rising rate environment, especially in the early stages, are tech, industrial, energy. it's no accident those are our favorite sectors. we think they're perfectly positioned for a rising rate environment. they also have a ton of cash. so they can -- you know, they can offset the risk that a lot of investors feel about buying equities with a little bit, like i said, you have a little bit in your pocket. you have this guarantee, and...
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May 1, 2013
05/13
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to mobile, android, ios-based environment. and that transition is not easy. not to mention moving to the cloud. but there are a lot of companies that can do well in that environment. >> down 141, so we're still sitting at the lows of the day. you guys have set that target to the s&p to 1650 by the end of the year. i know you're going to stick by that. but does that mean we couldn't get a 10% correction in the meantime? >> you can get a 10% correction at any point. and actually, the stage is set for a 10% correction. we will learn a lot about this economy in the next three months, because seasonally, it's a strong point for housing. we're going to learn a lot about how much success bernanke's engineering through qe3 in the months to come. so 1625, 1650, as long as things continue to improve. but there's a huge disappointment at some point along the lines, there will be a correction. >> so are you saying basically, you don't want to step away from stocks until you have a clear idea that the federal reserve is going to start rais
to mobile, android, ios-based environment. and that transition is not easy. not to mention moving to the cloud. but there are a lot of companies that can do well in that environment. >> down 141, so we're still sitting at the lows of the day. you guys have set that target to the s&p to 1650 by the end of the year. i know you're going to stick by that. but does that mean we couldn't get a 10% correction in the meantime? >> you can get a 10% correction at any point. and actually,...
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Apr 10, 2013
04/13
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we're in an environment where is bad news good news? and the corollary is where will have an environment where bad news is good news? and i think the answer might be yes. it likes the idea that we will continue to move higher. we will combine what we read in a minute. and we're going. so buy, buy, buy, our research looks at the relationship between interest rates and stock prices. if interest rates rise from varying levels it's associated with a rise. if interest rates approve from 2% to 3%, we don't think that will be associated with the stock market sell-off. >> i will ask a very simple question. very simple to ask and hard to answer. when does the fed stop? when does it stop and what happens? >> the fed will stop when the markets tell the fed to stop. i don't think they will ever declare victory. we have done enough and we will go away now. they keep going until the markets say enough, please stop. >> jim, i got to ask, it's not like the ten year treasuries at 4%. we still have a lot of buyers. people are still afraid of something. >
we're in an environment where is bad news good news? and the corollary is where will have an environment where bad news is good news? and i think the answer might be yes. it likes the idea that we will continue to move higher. we will combine what we read in a minute. and we're going. so buy, buy, buy, our research looks at the relationship between interest rates and stock prices. if interest rates rise from varying levels it's associated with a rise. if interest rates approve from 2% to 3%, we...
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Apr 22, 2013
04/13
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revenue environment. not every balance sheet is going to execute equally in this environment. you've got some opportunities for -- >> what it means is the fed is going to stay the course on quantitative easing, basically. >> i think that is very clear. >> greg, tell us about this new study you're out with today. >> we found three in four americans say they are not more inclined to invest in the stock market now given the fact that interest rates are at record lows and the stock market's recently hit highs. that's the same as we found a year ago. now, a year ago, you know, in the past year interest rates have come down further. the market's gone up more. yet people are not swaying. >> what's their big fear? that they've missed it already? they're afraid it's too high? they're going to pick moment? is there too many risk? what's the big fear? >> some of each. quite frankly the memories of 2008 are very fresh. a lot of people, 2008 wasn't the first time they'd been burned. they got burned in the tech bust. b
revenue environment. not every balance sheet is going to execute equally in this environment. you've got some opportunities for -- >> what it means is the fed is going to stay the course on quantitative easing, basically. >> i think that is very clear. >> greg, tell us about this new study you're out with today. >> we found three in four americans say they are not more inclined to invest in the stock market now given the fact that interest rates are at record lows and...
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Mar 12, 2013
03/13
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all we have to do is have a regulatory environment that allows development to take place. we have to have a fiscal system in place, instead of thinking about imposing punitive taxes on our industry. and we need to have an environment that gives us the permits that we need to produce. >> well, it's an interesting point. because, you know, it's the same idea as we're seeing in the gulf. the regulatory environment and the lack of permitting that everyone is waiting for has stopped or slowed down production. let me ask you about that. what, specifically, in terms of the regulation out there, is hurting or slowing things down? >> well, what we'd like to see is more acreage made available. if you look in the gulf of mexico and around the outer continental shelf of the united states, 85% of our acreage is not available. and, in fact, the oil and gas production increase that we're benefiting from in this country, we're not seeing it on federal lands. we're actually seeing declining production on federal lands. so we need to have those lands made available and we need to have timel
all we have to do is have a regulatory environment that allows development to take place. we have to have a fiscal system in place, instead of thinking about imposing punitive taxes on our industry. and we need to have an environment that gives us the permits that we need to produce. >> well, it's an interesting point. because, you know, it's the same idea as we're seeing in the gulf. the regulatory environment and the lack of permitting that everyone is waiting for has stopped or slowed...
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Aug 8, 2013
08/13
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they said the weak european environment and low interest environment as well contributed to the numbers. >>> italy's bank cutting its net loss to 279.3 million euros in the second quarter. that was an improvement from the 1.6 billion euro loss from the period a year ago. the results are falling short of analyst estimates hit by lower loan loss provisions and the lender's ceo said he was ready to improve a restructuring plan to meet with the european commission demands to secure state aid. shares down by, what, some 9% or so this year, almost 10% this year, not whornorth a whole lota share by share basis though. >>> as usual, continue to find us, if you want to e-mail through your questions or comments, for the show, for anybody on the show, worldwide@cnbc.com. that's the e-mail address. or you can find us directly on twitter as well, @cnbcwex. or directly on my page, page, @louisabojesen. >>> still to come, here on the show, a mixed picture for europe's insurers as the periphery continues to weigh on the earnings. it is interesting. we'll discuss results for aviva and other key players
they said the weak european environment and low interest environment as well contributed to the numbers. >>> italy's bank cutting its net loss to 279.3 million euros in the second quarter. that was an improvement from the 1.6 billion euro loss from the period a year ago. the results are falling short of analyst estimates hit by lower loan loss provisions and the lender's ceo said he was ready to improve a restructuring plan to meet with the european commission demands to secure state...
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Mar 5, 2013
03/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour the forbes billionaires list is out and longer than ever. why the ranks of the super wealthy are getting more crowded. this is great. i love wealth creation. it is what i don't love. punitive taxation. now the richest americans are paying the most in taxes in 30 years. how cue expect to grow the economy that way? fl and what was dennis rodman doing in north korea last week? you won't believe what he has to say about the country's brutal dictator. >>> we are all familiar with too big to fail. now more than four years after the financial crisis prominent senators are wondering whether the big banks and executives are too big to jail. >> the phrase refers to the corn by some on capitol hill that the department of
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour the forbes billionaires list is out and longer than ever. why the ranks of the super wealthy are getting more crowded. this is great. i love wealth creation. it...
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Aug 19, 2013
08/13
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what's the best way to make money in a rising-rate environment? >> well, within fixed income, i think you've got to go credit or high yield. they will certainly stand up a little bit better and that's been the case to date. and munys still look very attractive. within stocks, i think leadership now is being shown now in technology and industrials in a recovering market. you certainly want to stay away from interest rate sensitive sectors. >> what about you, jim la camp, where are you on the rising-rate environment? >> if you're looking at a fixed income, go to loans, they adjust the rate every 45 days and you'll see the share values appreciate and your yield go up over time. so for an income account, that's a good idea. for stocks, i do agree, the industrials and technology appear to be taking the lead here. but i want to point out, and this is something healthy, i'm concerned about the short term, over the next month, for the fourth quarter there's very healthy dynamics forming on this market, and that is that small and midcaps have assumed leade
what's the best way to make money in a rising-rate environment? >> well, within fixed income, i think you've got to go credit or high yield. they will certainly stand up a little bit better and that's been the case to date. and munys still look very attractive. within stocks, i think leadership now is being shown now in technology and industrials in a recovering market. you certainly want to stay away from interest rate sensitive sectors. >> what about you, jim la camp, where are...
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Jun 20, 2013
06/13
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i think we're looking at an environment where we're in a low growth low inflation naer environment. a lot of what happened today had to do with emerging markets, with china. this is a global phenomenon that ben bernanke can't control. if he tapers or not i don't know the difference between 85 and $60 billion. he's still buying bonds. for me it's a great risk reward. use 109 as your stock. >> 109 is where you get out? >> yes. i bought it this morning. obviously i needed -- it was a hairy ride this morning but at the end of the day it came back. again, you're talking about 2.4% yield in a low growth low inflation environment. that's not an environment where yields go higher. >> right. brian, it's karen. let me ask you something about what is happening in china and inter bank lending. how dicey is that situation in your view? >> here's the thing. it's self-inflicted. the chinese decided that they wanted to control their banking system. they believe that they have the ability to control markets. the problem is markets have a different function going on. so for right now they can always
i think we're looking at an environment where we're in a low growth low inflation naer environment. a lot of what happened today had to do with emerging markets, with china. this is a global phenomenon that ben bernanke can't control. if he tapers or not i don't know the difference between 85 and $60 billion. he's still buying bonds. for me it's a great risk reward. use 109 as your stock. >> 109 is where you get out? >> yes. i bought it this morning. obviously i needed -- it was a...
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552
Mar 18, 2013
03/13
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for so long we were talking about the regulatory environment in the united states. i mean, is that not an issue anymore? you have the london wale implications at jpmorgan. is that going to force vocal rules to actually get implemented? is that not a worry anymore for you, for the banks? >> the regulatory changes are always a worry for me. because they're like a drone attack. all of a sudden you don't know where they're coming from. all of a sudden a new, you know, other or new politician is creating one for their own political ambition. or the rules are changing constantly. so you're always on the defense. i think as far as the banks are concerned, and as far as, you know, what happened on friday with jpmorgan is concerned, it is clear that you have across the aisle, bipartisan support to go after the financials and go after the banks. the banks now being so well capitalized are also a great place to go and try to exact money. exact funds. that's certainly what the consumer finance protection bureau is doing. i think that's what a.g.s are going to do. it will be a s
for so long we were talking about the regulatory environment in the united states. i mean, is that not an issue anymore? you have the london wale implications at jpmorgan. is that going to force vocal rules to actually get implemented? is that not a worry anymore for you, for the banks? >> the regulatory changes are always a worry for me. because they're like a drone attack. all of a sudden you don't know where they're coming from. all of a sudden a new, you know, other or new politician...
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Sep 24, 2013
09/13
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. >> i think that is probably where you want to go in this environment. if you look at what the stock market is doing, the stock market in the short term is a voting mechanism and we're right in the middle of it. it's a dead heat right now. that's where the fight is. if we don't hold 1695 which was today's low, i think we go lower. if you look back over the last qe announcements you would see a decline over the next couple of months. >> it's too early to say it's over. i think we got to 15.60. i think deflation is the real thing they are battling. i think the ten year is headed back down to 2. will we print 2%? probably not. that's exactly where it traded and i think that's interesting. that support level that we have seen. >> it's all about being stock specific. you can see that big spike in the s&p 500 last week off of the fed and the lack of the tapering that everybody expected. somewhere between 10 and $20 billion. then everybody falls back into the reality. what we continue to see in the market and the world of the derivatives is people looking very
. >> i think that is probably where you want to go in this environment. if you look at what the stock market is doing, the stock market in the short term is a voting mechanism and we're right in the middle of it. it's a dead heat right now. that's where the fight is. if we don't hold 1695 which was today's low, i think we go lower. if you look back over the last qe announcements you would see a decline over the next couple of months. >> it's too early to say it's over. i think we...
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May 19, 2013
05/13
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he's running one of the largest environment alorganizations. why it's good to go green. >>> she'll always be rachel in our hearts. she has a new business, her famous hair and surprise behind the product. >> why does a scientist who helps cure cancer says i'm going to cure frizz. >> we'll find out. >>> here is a look. the rodney dangerfield rally, it gets no respect. every day this week setting new highs, whether good or bad. dow jones industrial average raising tuesday and again on wednesday. s&p 500 hitting records of its own on wednesday. nasdaq not to be outdone hit a 12 1/2 year high as well. the market finally taking a breather thursday, the worst day in two weeks. they rebounded friday. still some big earnings news this week. walmart, for example, missed analysts expectations but macy's came in ahead. john deere beat predictions, outlook was weak. cisco came in ahead of expectations. john chambers calling it a strong quarter. >>> it's our ninth consecutive record quarter in terms of revenues and sixth in terms of profits grog faster than
he's running one of the largest environment alorganizations. why it's good to go green. >>> she'll always be rachel in our hearts. she has a new business, her famous hair and surprise behind the product. >> why does a scientist who helps cure cancer says i'm going to cure frizz. >> we'll find out. >>> here is a look. the rodney dangerfield rally, it gets no respect. every day this week setting new highs, whether good or bad. dow jones industrial average raising...
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Oct 25, 2013
10/13
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i think avnet actually did pretty well in a tough environment. wall street doesn't seem to agree with me. the stock shed a couple points today. it's been a red hot stock. let's dig deeper with the ceo of avnet, rick hamada, to find out how his company is doing. welcome back to "mad money." >> hi, jim. always a pleasure. >> you've got the dividend, so i know the future is bright. you said you'd only do that if you felt there was great long-term growth. this notion of mixed guidance doesn't really maybe tell, yeah, as accurate a picture as the fact you put the dividend in. >> yeah, jim, we felt it was an appropriate time to incorporate a more systematic return of capital to shareholders. we've been busy with our buyback. remember, we've talked about that on previous quarters and then we thought it was a good time now to find a way to manage the overall cash for looking for future growth wherever we can. we're still in the m&a business. we're still in the buyback business. but a part of that cash flow, we felt it was an appropriate time to go ahead
i think avnet actually did pretty well in a tough environment. wall street doesn't seem to agree with me. the stock shed a couple points today. it's been a red hot stock. let's dig deeper with the ceo of avnet, rick hamada, to find out how his company is doing. welcome back to "mad money." >> hi, jim. always a pleasure. >> you've got the dividend, so i know the future is bright. you said you'd only do that if you felt there was great long-term growth. this notion of mixed...
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Apr 24, 2013
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are these countries conscious of what is being done to the environment? >> well, they r. i know from my close contact with people in the chinese government, for example, but they've had some bigger fish to fry in many of these emerging markets. firstly, feeding their people. so as that starts to happen and you get on with mazlov's hierarchy of needs, foods, clothing, shelter, they turn immediately onto the environments. so i'm noticing a big conscience out there. but they have government's limited resources. >> let's talk about the quarter. because when you came on last time, you said, "what keeps me up at night is germany. it was 60% of our province now." in your conference call, i'm pointing it out because you make the point, you were unhappy with germany, this turned out to create sleepless nights. >> more specifically, i was used to be worried about germany in the mid-'90s when they were 60% of our profits. i outlined on our conference call this morning, we have 15 markets na are the drivers of our business right now. so just like many of the portfolio managers, you c
are these countries conscious of what is being done to the environment? >> well, they r. i know from my close contact with people in the chinese government, for example, but they've had some bigger fish to fry in many of these emerging markets. firstly, feeding their people. so as that starts to happen and you get on with mazlov's hierarchy of needs, foods, clothing, shelter, they turn immediately onto the environments. so i'm noticing a big conscience out there. but they have...
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May 8, 2013
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but we're very cognizant of the risks to the current rate environment. we think about what is the back end of this quantitative easing experiment. and i think there will be an opportunity down the road. it's not for this month or probably this quarter but down the road, you know, we -- none of us really know what is going to happen on the back end of qe so we try to position ourselves with our investments with things that can actually perform well in this environment but also perform well to the extent that the policy experiment fails. to that point, to the extend that interest rates do go up a lot or inflation does pick up a lot, the bonds we invest in, more than 85% of those bonds are floating rate. so that obviously ensures -- gives us a certain amount of protection if rates go up a lot. of underlying assets on these bonds are real estate. real estate on a long-term basis is correlated to inflation. we feel like that give us in either scenario, in the low rate scenario, give us a nice profile. if we do get that surprise, we like what our down side is.
but we're very cognizant of the risks to the current rate environment. we think about what is the back end of this quantitative easing experiment. and i think there will be an opportunity down the road. it's not for this month or probably this quarter but down the road, you know, we -- none of us really know what is going to happen on the back end of qe so we try to position ourselves with our investments with things that can actually perform well in this environment but also perform well to...
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May 3, 2013
05/13
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i think from an investor's perspective, people find it a very tricky environment. if you turn back over the past month, april was one of those characteric months for the seconder. you have a week where the markets are particularly weak and trades very well. then you get two weeks where the news flow changes dramatically and there's a human amount of volatility. and it's a very demanding situation. >> if the ecb were to pursue this route because out feels the interest rates would spur activity across the eurozone. is that fundamentally a game changer from your point of view? >> yeah. and there's one inconsistent and that's what happens at the top line. if you look at what happens last week, you see some very sharp declines. the key revenue for these banks, you're still going through a long period of deaf leveraging. we're talking about ways to stimulate demand for credit. but you can't always make it drink. trying to reduce the transition is ultimate, trying to get credit to the economies is the ultimate parity. the banks, of course, benefit. we've seen the numbers
i think from an investor's perspective, people find it a very tricky environment. if you turn back over the past month, april was one of those characteric months for the seconder. you have a week where the markets are particularly weak and trades very well. then you get two weeks where the news flow changes dramatically and there's a human amount of volatility. and it's a very demanding situation. >> if the ecb were to pursue this route because out feels the interest rates would spur...
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Jan 28, 2013
01/13
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we're investing in the business as if it were a normal environment. it's like if you were running a pizza shop and the cost of mozzarella was higher, you wouldn't stop selling pizzas. you know, we try to be long term there and think it through. >> what policies will create jobs? that's what we're all trying to figure out. how do you create jobs. >> if we had done the grand bargain, it doesn't have to be exactly the one that anyone wants it. that showed that america can make decisions. it set a more effective tax system. it reduced taxes going forward. and i think we could have had a booming environment. i may be wrong. that's my own personal belief. if we had a grand bargain, america will take off. i think it's very important for america to get strong. the rest of the world needs us to. europe still has its issues. i think it's important that america kind of took the lead here. >> what does your gut tell you about all of this money moving into stocks recently? do you think this is sustainable? >> yeah, if the economy grows, it's sustainable. you know,
we're investing in the business as if it were a normal environment. it's like if you were running a pizza shop and the cost of mozzarella was higher, you wouldn't stop selling pizzas. you know, we try to be long term there and think it through. >> what policies will create jobs? that's what we're all trying to figure out. how do you create jobs. >> if we had done the grand bargain, it doesn't have to be exactly the one that anyone wants it. that showed that america can make...
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Oct 28, 2013
10/13
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multiply that across over a thousand locations, and they'll provide the same benefit to the environment o o
multiply that across over a thousand locations, and they'll provide the same benefit to the environment o o
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Dec 26, 2013
12/13
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that is a risk-off environment. that is very bad for the dollar. and it is very good for currencies like the euro. so i would respectfully disagree. i think that the dollar is going to have a weak year because look at the chart. the best year that the dollar has had in the past ten years occurred during a recession. so if you believe that economic fwroet growth is on that the way, that means you have to believe in a weak u.s. dollar. that's where i play and stand. >> if we're looking at a stronger dollar and stronger u.s. growth, risk off would be positive dollar, negative euro. that still plays along with the positive dollar trade. i think the real opportunity here is dollar-yen. and euro-dollar would be more range boind with a lower bias because the ecb is going to keep everything steady in my opinion. >> the chart of the year -- >> listen, i disagree. i have to tell you. listen, if you have risk-off environment, we all know that the dollar is a safe haven currency. money runs to the dollar in times of trouble. that's something we're all aware of
that is a risk-off environment. that is very bad for the dollar. and it is very good for currencies like the euro. so i would respectfully disagree. i think that the dollar is going to have a weak year because look at the chart. the best year that the dollar has had in the past ten years occurred during a recession. so if you believe that economic fwroet growth is on that the way, that means you have to believe in a weak u.s. dollar. that's where i play and stand. >> if we're looking at a...
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Mar 6, 2013
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>> environment. however you pronounce it, i pronounce it red today because the stocks is tanked and since they more or less a drone provider, missed on the bottom line, i like it down here around that 18, 19 level. i think you give it a day to settle and then buy it. >> fresh markets, steve? >> you know, it's a good business but it's not good for them. good for the consumer. >> the stock down today. >> terrible. lowered guidance so you have the growth players come out. crushing. >> bank of america popping 2% or so? >> yeah. anticipation in to the stress test. the important one is the one next week and there's also an initial release tomorrow. the options market is pricing in 3 to 4 cents a quarter and paying 1 cent and kind of a bogey for the event. >> a pop for taco bell and a grande move announcing it's releasing the new cool ranch flavor today a day earlier than expected. mexican food chain rang out the news and more than 90,000 fans liked the post. taco bell said it sold more than 350 million of
>> environment. however you pronounce it, i pronounce it red today because the stocks is tanked and since they more or less a drone provider, missed on the bottom line, i like it down here around that 18, 19 level. i think you give it a day to settle and then buy it. >> fresh markets, steve? >> you know, it's a good business but it's not good for them. good for the consumer. >> the stock down today. >> terrible. lowered guidance so you have the growth players come...
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Aug 30, 2013
08/13
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neither party in that environment. but that, well, in that environment, that needs to stay planted firmly on your shoulder until either stocks come down or we get a resolution on both. not one. but both the budget deal and syria that pleases the bulls. to me, that's a tie that since we don't have a single lifeguard, sounds like shark infested waters to me. let's go to joe in oregon. please, joe. >> thank you, mr. cramer, for taking my call. >> you are quite welcome. >> caller: i was wondering if i should pull back in stock or wait now for vodafone. >> people presume, if i get long, i got to buy that. tomorrow will be to quote with the wend another day. now i go to manny. please. >> caller: hello, jim. thank you for taking my call. i'd like to have your guidance regarding yelp. >> yelp? >> caller: it's out on july 31st. i see that it has been going up. it came down to the upper 40s, it's inching up in the lower 50s range. should i hold or sell? >> you have the greatest revenue growth of any of the companies i follow. so
neither party in that environment. but that, well, in that environment, that needs to stay planted firmly on your shoulder until either stocks come down or we get a resolution on both. not one. but both the budget deal and syria that pleases the bulls. to me, that's a tie that since we don't have a single lifeguard, sounds like shark infested waters to me. let's go to joe in oregon. please, joe. >> thank you, mr. cramer, for taking my call. >> you are quite welcome. >> caller:...
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Jun 21, 2013
06/13
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how are you dealing with this much more intensified regulatory environment? >> well, no question, maria, this is a long list. well, maybe as a first comment, bnp paribas believes in a sound international regulatory government. we believe it's going to be good for the industry medium term and it's good for the economy. having said that, you are absolutely right. it's an additional layer of complexity. as it relates to regulation, it's not so much regulation that's the challenge. this is more like when first the uncertainty, we still have a lot of uncertainty there in terms of some rules still needed to be drafted, and this is really the lack of coordination between u.s. and europe. >> right. so do you think there should be a global standard, or can we operate -- i mean, what happens to the -- to the u.s. banks or the french banks if you've got different rules, and you're all operating in the same places around the world? >> well, you know what, a global standard would probably be the right way to go. you know, i'm a very optimistic person. i do believe that, y
how are you dealing with this much more intensified regulatory environment? >> well, no question, maria, this is a long list. well, maybe as a first comment, bnp paribas believes in a sound international regulatory government. we believe it's going to be good for the industry medium term and it's good for the economy. having said that, you are absolutely right. it's an additional layer of complexity. as it relates to regulation, it's not so much regulation that's the challenge. this is...
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Apr 12, 2013
04/13
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how do you manage that in a persistently low-rate environment? and i guess the next question would be, do you expect rates to start moving up this year or next? >> well, i don't know when rates are going to go up. i think what we need to be able to do and what we have been doing for the last three years is demonstrate to our shareholders that we can operate in a low-rate environment. maria, when you look at our net interest margin, it's declined 79 basis points in the last three years. three quarters of that is because we've had very good deposit growth. that's very good in terms of us growing our relationships with our customers, broadening those relationships, and being able to do more business with them. but there's no question that there continue to be pressure on the net interest margin in this environment, as everybody's balance sheet reprices. >> what about loan growth, as we head now into this second quarter of the year. things seem to slow. every year, the last three years, at this time of the year. what are you seeing out there? can you
how do you manage that in a persistently low-rate environment? and i guess the next question would be, do you expect rates to start moving up this year or next? >> well, i don't know when rates are going to go up. i think what we need to be able to do and what we have been doing for the last three years is demonstrate to our shareholders that we can operate in a low-rate environment. maria, when you look at our net interest margin, it's declined 79 basis points in the last three years....
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May 29, 2013
05/13
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but it has been a great trading environment, at least for traders. if you can get a 218 point move to the opening yesterday and sell it the rest of the day, today, you can get bought back in. >> so volatility -- but what is going to cause a correction if it's going to happen? higher yields in the treasuries? >> it could be. people are talking about that. you get a crowded trade. we saw it last week. in a crowded trade does happen, and everyone wants to get out at the same time, there's no more buyers left. is it the ten-year? it could be the ten-year breaking. but i've heard you talking 2-5 before? maybe that's what does it. the fed will be part of it, but when it happens, it will happen quickly. >> you want to be standing by and letting it happen? >> letting the volatility trade to you. >> that works for a lot of the traders on the floor here. thanks, matt, very much. we're going out, today's by about a half, down 180 on the low. stay tuned, much more to come on the second hour of the "closing bell" for this wednesday with maria bartiromo. i'll see
but it has been a great trading environment, at least for traders. if you can get a 218 point move to the opening yesterday and sell it the rest of the day, today, you can get bought back in. >> so volatility -- but what is going to cause a correction if it's going to happen? higher yields in the treasuries? >> it could be. people are talking about that. you get a crowded trade. we saw it last week. in a crowded trade does happen, and everyone wants to get out at the same time,...
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Aug 16, 2013
08/13
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why would anyone want to accept this kind of an economic environment today? i'm talking about jobs. i'm talking about people who deserve credit that are not getting it. >> well, for -- >> that's exactly -- that's exactly what john chambers said to me. john chambers said we should be having a 4% economy right now, and how are you going to invest, how will you hire people when you don't know what the tax rates will be, you don't know who your regulator is, because only, you know, 10% of dodd-frank has been -- has been implemented. you don't know what your expense side of the business will be. >> but to play devil's advocate, dick, you know, the -- for good or bad, the financial services industry gets the blame largely for the financial debacle we went through in 2008 and 2009. and there are those who say they need to be punished. and this is what the u.s. attorney's trying to do. you know, the s.e.c. is going after this, doj is going after this. let me -- >> but, bill, no, but, bill -- >> go ahead. >> stop there. >> all right. >> i want to say it again, and i've said it a hundred time
why would anyone want to accept this kind of an economic environment today? i'm talking about jobs. i'm talking about people who deserve credit that are not getting it. >> well, for -- >> that's exactly -- that's exactly what john chambers said to me. john chambers said we should be having a 4% economy right now, and how are you going to invest, how will you hire people when you don't know what the tax rates will be, you don't know who your regulator is, because only, you know, 10%...
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Jan 23, 2013
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listen, this is a stagflationry environment. going to get a lot worse. you have to own gold and oil. >> be globally diversified and multi-asset strategy. get engaged in security selection, stock research. as we move into the decelerating earnings cycle stock picking will matter. you've got to be more disciplined in that multi-asset. >> you like health care, consumer discretionary, aclittle defensive with some of your plays. >> a little bit but leaning a little bit into that cyclical recovery. a 2%, 2.5% gdp, not a double dip recession in our estimation. ecb is taking a lot of the current lehman-like risk out of europe so that means fundamentals can bubble up to the top. security matters. >> let me be clear. we're living on borrowed time here. the government is so stupid not only in europe, japan and the united states, this is what they did. they took all of the debt on the private sector on to the public sector's balance sheet. >> i know. >> the central banks bought all that debt and monetized and guess what they want to do now, the governments want to c
listen, this is a stagflationry environment. going to get a lot worse. you have to own gold and oil. >> be globally diversified and multi-asset strategy. get engaged in security selection, stock research. as we move into the decelerating earnings cycle stock picking will matter. you've got to be more disciplined in that multi-asset. >> you like health care, consumer discretionary, aclittle defensive with some of your plays. >> a little bit but leaning a little bit into that...
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May 25, 2013
05/13
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so, you know, we -- in a low volatility environment, where do you look to collect? something that's just chugging higher, the kind of place you want to look for a trade like this. >> brian, what do you think? >> mike's trade is great. common strategy that we use for our clients. when carter mentions a stock that never gets ahead of itself, selling a put makes a lot of money. so, that makes sense here. the only thing with dish that i have to worry about, it's sort of been this lower rung tier satellite cable provider that is just trying to get out from underneath itself. it tried to purchase blockbuster, now it's trying to purchase light squared. watch that deal. if it can get done and transform itself into a wireless internet provider, you have something. >> well, and they are trying to do a deal with nextel. what that means is, there's a floor under the stock. so, i really like this. you are collecting $1.50 to sell a put on a stock that's below $40. the stock has to drop more than 7% before you're experiencing any losses. this is a good way to select some premium.
so, you know, we -- in a low volatility environment, where do you look to collect? something that's just chugging higher, the kind of place you want to look for a trade like this. >> brian, what do you think? >> mike's trade is great. common strategy that we use for our clients. when carter mentions a stock that never gets ahead of itself, selling a put makes a lot of money. so, that makes sense here. the only thing with dish that i have to worry about, it's sort of been this lower...
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Jan 1, 2013
01/13
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a real upset means that the environment is improved tore company improved. both indicate that the sales will are grow faster in the future, that is a reason to buy. as the big boys in wall street value stock based on revenue growth. it's not often that stocks go down. when we were in the great recession, these up side surprise stories advanced. as you see by looking back at apple's run, it produced up side ever up side, almost entirely much better expected sales on the iphone, ipod, and ipad. and as we preach on "mad money," a high quality earnings beat can be accompanied by a dividend increase, particularly one of a great magnitude. and perhaps the best of all, once the dividend increased, it's not cut without tremendous embarrassment. what about the low quality slight of hand kind, it's easy to tell the two apart a low quality earnings beat is based on a better bottom line. here are the up side surprises generated not by improved business but because management cut costs. they cut the head count. may they manipulated the tax rate through aggressive but leg
a real upset means that the environment is improved tore company improved. both indicate that the sales will are grow faster in the future, that is a reason to buy. as the big boys in wall street value stock based on revenue growth. it's not often that stocks go down. when we were in the great recession, these up side surprise stories advanced. as you see by looking back at apple's run, it produced up side ever up side, almost entirely much better expected sales on the iphone, ipod, and ipad....
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May 30, 2013
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rate environment as net interest margins improve. so is it the can't lose sector? guy adami, what do you say? >> right on. and gerry rafferty to start the night. love that. well, of course it can lose. i mean of course, it can lose, mel. that's a rhetorical question. but it clearly favors the banks. but i think it favors the insurers. take a look at a prudential financial, which has been on fire. i think that's who really wins this. i can't say specifically it's going to help jpm, citi, wells fargo, although the stocks say they will. i think with these life insurers, that's really where we're going to get some mojo. if you think rates are going higher, which i don't necessarily adhere to that but if you do i think that's where you want to be. >> i just want to say why it is we have that general understanding if rates go higher that it's good for banks, that's because the net interest margin has been so slim, but if rates rise their assets reprice much more quickly than their liabilities reprice. if you're a depositor, you see, wow, h
rate environment as net interest margins improve. so is it the can't lose sector? guy adami, what do you say? >> right on. and gerry rafferty to start the night. love that. well, of course it can lose. i mean of course, it can lose, mel. that's a rhetorical question. but it clearly favors the banks. but i think it favors the insurers. take a look at a prudential financial, which has been on fire. i think that's who really wins this. i can't say specifically it's going to help jpm, citi,...
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Dec 7, 2013
12/13
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quote, less certain consumer environment. quote, an environment that looks to be promotional. i mean, wow. this is just pulled quotes. they blame the stars, not themselves. my buddy herb greenberg who said he was nervous about the report before the quarter because of that eyebrow raising management shuffle i talked about. put it out today in the street.com that new management had been confident of the business not that long ago but now the ceo mary dillon seems to have changed her tune saying that ulta, and i quote again, currently conducting an in-depth strategic planning process to prioritize our growth strategies, end quote. that says, wait a second, maybe we're off course here and need to reassess our plan to -- instead of just keep putting up stores willy nilly everywhere while going as promotional as all get out. not about the products, but about the stock. that combined with the constant blaming of the environment tells me, hey, you know what, we may have a broken company here. i don't like it. but five below. here's an historically conservative company that admitted it
quote, less certain consumer environment. quote, an environment that looks to be promotional. i mean, wow. this is just pulled quotes. they blame the stars, not themselves. my buddy herb greenberg who said he was nervous about the report before the quarter because of that eyebrow raising management shuffle i talked about. put it out today in the street.com that new management had been confident of the business not that long ago but now the ceo mary dillon seems to have changed her tune saying...
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Dec 16, 2013
12/13
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we have benign inflation environment. we could be at no inflation for years. there's no pressure on the fed to change their policy -- their easy policy they have now. we will begin tapering at some point. that's priced into the market. whether it happens this week or happens in the first quarter. but i think con temporary to abigail's outlook, gdp growth next year, 9% earnings growth, revenue increasing, top line growth increasing, we now have housing, last leg of the economy recovering, auto sales are booming, precrisis levels in autos. and, you know, we just continue to see -- and the sentiment of the average investors out there, the poll that said there are so many that are concerned about a downturn in the market next year. not only contrarian indicator but also important because we need those people that aren't bulls yet. we need to climb that wall of worry. as long as everyone's not a bull, we need that market top. >> i wanted to challenge abigail on that as well. thank you for joining us. even you, cowardly lion. >>> heading toward the close. 50 minutes
we have benign inflation environment. we could be at no inflation for years. there's no pressure on the fed to change their policy -- their easy policy they have now. we will begin tapering at some point. that's priced into the market. whether it happens this week or happens in the first quarter. but i think con temporary to abigail's outlook, gdp growth next year, 9% earnings growth, revenue increasing, top line growth increasing, we now have housing, last leg of the economy recovering, auto...
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Apr 24, 2013
04/13
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grace, economic environment, more challenging than we had planned. and ethan allen whose conference call is going on as we speak now. lots of excuses, easter, passover, sandy. but this nugget i found intriguing, lower shipments to our retailer in china. this has always been a pride -- >> international sales. >> they're made in the u.s. and sell to china. on the call just now, the ceo said, you know, these chinese companies, the chinese recently had accumulated inventory, that was planned and unplanned, very interesting choice of words. in anticipation of higher sales and opening more stores. that hasn't happened so far. is that saying something about china or saying something about the business model of ethan allen as it pertains to china. >> yeah. third quarter we should note is the season slowest for ethan allen. weren't expecting too much by way of strength. but you've got to -- fair disclosure here, spend a lot of money at ethan allen. >> they loss -- didn't make it this quarter. >> spending money on ethan allen personally through purchases. >> t
grace, economic environment, more challenging than we had planned. and ethan allen whose conference call is going on as we speak now. lots of excuses, easter, passover, sandy. but this nugget i found intriguing, lower shipments to our retailer in china. this has always been a pride -- >> international sales. >> they're made in the u.s. and sell to china. on the call just now, the ceo said, you know, these chinese companies, the chinese recently had accumulated inventory, that was...
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Nov 11, 2013
11/13
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>> well, there's no doubt that the regulatory environment has changed. i don't think it's ever going back. it's had a big impact on us because, of course, we're under the federal reserve's oversight. i would categorize what the federal reserve is doing is there's many positives. they're looking to reduce overall risk within the company. they're looking to identify areas of risk that maybe hadn't been previously identified or addressed or oversight quite as much as they could have been. at the same time, we have to be careful because there is a point of overkill. and the fed is working hard to try to find the balance point. i'm grateful for much of what they're doing. at the same sometime, have i to do trade-offs. regulators rarely work in a world of trade-offs. >> great to have you on the program. >> thanks so much for cnbc's participate participation in impact. >> we love being here. good luck with the rest of the conference. walt bettinger joining us, ceo at schwab. "closing bell" tomorrow we'll round up a lively group of main street investors who will
>> well, there's no doubt that the regulatory environment has changed. i don't think it's ever going back. it's had a big impact on us because, of course, we're under the federal reserve's oversight. i would categorize what the federal reserve is doing is there's many positives. they're looking to reduce overall risk within the company. they're looking to identify areas of risk that maybe hadn't been previously identified or addressed or oversight quite as much as they could have been. at...
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Dec 3, 2013
12/13
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that's the best possible environment for there. what did we do? they are completely handcuffed at a time that you don't want to be handcuffed. i'm not sure what they're going to do. somebody is going to have to do something. to me, you can't tauch these things. >> let's get the option action today and turn it out to mike in austin, texas. mike? >> surprisingly enough, when the stocks were performing horribly. there are a lot of other factors as well. if oil prices are up, energy is is a big factor and of course they always have political risks. nothing that is really acting for them. options traders today did seem to think that maybe they could be poised for a short term bounce. we also saw about 135% of the average daily call volume. i thought actually was the most interesting. >> the guy was talking about it is very difficult to try to catch the falling knife and purchase the stocks. for those who think they might have bottomed out temporarily, that is the way they were playing it. >> check out our website. all right. it is holiday shoppers fill
that's the best possible environment for there. what did we do? they are completely handcuffed at a time that you don't want to be handcuffed. i'm not sure what they're going to do. somebody is going to have to do something. to me, you can't tauch these things. >> let's get the option action today and turn it out to mike in austin, texas. mike? >> surprisingly enough, when the stocks were performing horribly. there are a lot of other factors as well. if oil prices are up, energy is...
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Sep 23, 2013
09/13
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spending environment, how do you compete? i mean, how slow is the i.t. environment right now? can you characterize it for us? >> well, listen, i think saffron and i said in the call, we're not economists. we read the same stuff you read. our pipelines are up. people still look. they don't necessarily always convert, if you will, to buy as quickly as they used to. but our pipelines are up. so, what we can do, we can't control this macro, maria. we can control our performance within it. customers want two things now. they want to save money. their concern is they get more efficie efficient. they get more out of the dollars they spend. at the same time they have to innovate. i won't take up your time with all the changes in the customer environment, the consumer environment. you talked about mobile, the way customers buy, the way customers shop is all changing. our customers have to innovate to meet that demand. they have to say money to be able to spend money. oracle's in a position to help them do both. >> when you look at the overall technology landscape, are you surprised to
spending environment, how do you compete? i mean, how slow is the i.t. environment right now? can you characterize it for us? >> well, listen, i think saffron and i said in the call, we're not economists. we read the same stuff you read. our pipelines are up. people still look. they don't necessarily always convert, if you will, to buy as quickly as they used to. but our pipelines are up. so, what we can do, we can't control this macro, maria. we can control our performance within it....
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Aug 25, 2013
08/13
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we had a terrible economic environment in several years. any number of stocks are up 1100, 200, 300, 400 event. a lot of companies from doing quite well. >> true. >> we'll leave it there. dan, good to have you on the program. andy. >> andy cross joining me. >>> up next "on the money," walking in walmart shoes, the ceo 6 of the largest retailer will join me and the nation's largest employer. we'll talk hiring and selling to the nation's middle class, and prices for lobster off the coast of maine is at new depths. we are looking at the impact on one of summer's top flay vors and we'll get a taste of one small business bringing new england to the rest of the country. >>> as we take a break, we'll look at how the stock market ended the week. >>> welcome back. super retailer walmart known fot roll back but so far this year those everyday low praises have not been enough to sustain growth in the u.s. or international stores. why has this $466 billion company struggled when the economy seems to be improving at least a bit. what's its strategy for
we had a terrible economic environment in several years. any number of stocks are up 1100, 200, 300, 400 event. a lot of companies from doing quite well. >> true. >> we'll leave it there. dan, good to have you on the program. andy. >> andy cross joining me. >>> up next "on the money," walking in walmart shoes, the ceo 6 of the largest retailer will join me and the nation's largest employer. we'll talk hiring and selling to the nation's middle class, and...